Wow...I'm amazed at how little attention this matter has received.
until further notice...
What DOES THAT MEAN???...
I have accessed the account, and everything seems in tact...
On the surface, this couldn't have come at a worse time for EOS for those in line to buy...
On another note while I have your attention:
Does the value of BTC have different values on different exchanges; or, is it linked specifically to the current market value across the board? Is it contingent on volume? So many questions...lol...perhaps you will do a post to explain...
Thanks for the tip. Anyways to give you another update-openledger seems safe now but I won't recommend you to use it until Tuesday EST. Now for your answer for the bitcoin price. It diff for every market order exchange. It based on the highest buy order. The bitcoin price you see on coinmarketcap is the average of bitcoin prices. In Asian countries such as Japan and Korea bitcoin has a premium price. These diff in prices have led to bots and services and even day trader to use a technique known as arbitrage. Arbitrage:
the simultaneous buying and selling of securities, currency, or commodities in different markets or in derivative forms in order to take advantage of differing prices for the same asset.
In Bitcoin this means that traders are buying bitcoin from one exchange aka the cheapest one and selling it at another one for a higher price to make profit. However bc bitcoin is growing the prices are becoming more common as such altcoin are now more common to arbitrage. Hope this helped.
buying bitcoin from one exchange aka the cheapest one and selling it at another one for a higher price to make profit.
This explains a whole lot...And, makes clear why the BTC I bought on OL didn't seem to make a dent in the overall value of my account, even taking into consideration the recent downward trend.
There are so many variables involved. Thanks for this VERY HELPFUL tip!
No it just not you. The whole telegram is in chaos.
Omgoodness...Wow. I'm signing out for the start of the Sabbath Day. It shall be very interesting to see what I return to in 24 hours...
Peace.
Update:
Wow...I'm amazed at how little attention this matter has received.
What DOES THAT MEAN???...
I have accessed the account, and everything seems in tact...
On the surface, this couldn't have come at a worse time for EOS for those in line to buy...
On another note while I have your attention:
Does the value of BTC have different values on different exchanges; or, is it linked specifically to the current market value across the board? Is it contingent on volume? So many questions...lol...perhaps you will do a post to explain...
Btw, for the update, here's a tip!
Peace.
Thanks for the tip. Anyways to give you another update-openledger seems safe now but I won't recommend you to use it until Tuesday EST. Now for your answer for the bitcoin price. It diff for every market order exchange. It based on the highest buy order. The bitcoin price you see on coinmarketcap is the average of bitcoin prices. In Asian countries such as Japan and Korea bitcoin has a premium price. These diff in prices have led to bots and services and even day trader to use a technique known as arbitrage. Arbitrage:
the simultaneous buying and selling of securities, currency, or commodities in different markets or in derivative forms in order to take advantage of differing prices for the same asset.
In Bitcoin this means that traders are buying bitcoin from one exchange aka the cheapest one and selling it at another one for a higher price to make profit. However bc bitcoin is growing the prices are becoming more common as such altcoin are now more common to arbitrage. Hope this helped.
This explains a whole lot...And, makes clear why the BTC I bought on OL didn't seem to make a dent in the overall value of my account, even taking into consideration the recent downward trend.
There are so many variables involved. Thanks for this VERY HELPFUL tip!
Got it!
Praise God for your help.
Peace.
No problem :)
Yeah bitcoin investing is not a faint of heart. I still learn new things about bitcoin/crypto every day :)
Well have a nice day!
✌!
Hi @sames! You have received 0.1 SBD tip from @spiritualmatters!
Earn daily income on steem: @tipU distributes 100% profit + 60% curation rewards to all investors.
Hi @sames! You have received 0.1 SBD tip from @spiritualmatters!
Earn daily income on steem: @tipU distributes 100% profit + 60% curation rewards to all investors.
God Bless You!